Informa

Informa plc is a British multinational publishing, business intelligence, and exhibitions group. Headquartered in London, it is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

Informa plc
Public limited company
Traded asLSE: INF
FTSE 100 Component
IndustryAcademic Publishing, Business Intelligence, Global Exhibitions, Knowledge, Events
FoundedDecember 1998
HeadquartersLondon, England, UK
Number of locations
150 offices
Area served
43+ countries worldwide
Key people
ProductsSpecialist information and business knowledge
ServicesLarge scale events, Exhibitions, Academic Books & Journals, Conferences, Training, Specialist publishing and Intelligence
Revenue£2,890.3 million (2019)[1]
£933.1 million (2019)[1]
£246.1 million (2019)[1]
Number of employees
11,000 (2019)[2]
DivisionsAcademic Publishing, Business Intelligence, Global Exhibitions, Knowledge & Networking[3]
Websiteinforma.com

It has offices in 43 countries and around 11,000 employees. Informa owns numerous brands including CRC Press, Fan Expo, Institute for International Research, Lloyd's List (London Press Lloyd), Penton, Routledge, Taylor & Francis, and UBM.

The company has recently acquired UBM and Penton as part of its strategy to expand in North America and Asia.[4][5]

History

Informa's oldest business started in 1734 when Lloyd's List, now one of the world's oldest continuously running journals, began covering London shipping news.[6]

Informa itself was created in 1998 by the merger of IBC Group plc and LLP Group plc. Since then Informa has expanded considerably, including a 2004 merger with the publishing company Taylor & Francis and a 2005 acquisition of IIR Holdings, a human capital development company, for £768 million.[7][8] In October 2006, the company was approached by Springer Science and Business Media in a takeover bid,[9] but in early November the Informa board rejected the 630p per share offer as too low.[10]

In early 2007, chairman Richard Hooper announced his retirement in May and, after consulting with major shareholders, the company moved chief executive Peter Rigby to chairman, and managing director David Gilbertson to Rigby's former post. Informa explained Rigby's move by the need to maintain management stability, although it generated some controversy because it did not follow the advice of the UK's Combined Code on Corporate Governance.[7][11]

On 8 June 2008, The Sunday Telegraph revealed that United Business Media (UBM) had proposed a merger with Informa to create a media group worth over £3 billion.[12] The talks were confirmed by Informa in a press release that same day, but described as "preliminary".[13][14] Previously on 13 May The Times had reported that the Carlyle Group and Apax Partners were considering bidding for the company.[15] On 17 June talks with UBM ended because of the rapid rise in Informa's stock price after the public disclosure of the potential merger.[16] On 26 June a private equity consortium consisting of Providence Equity Partners, the Carlyle Group and Hellman & Friedman proposed a takeover bid offering 506 pence per share.[17]

On 1 May 2009 the company announced that it would be restructure its business so it was incorporated in Jersey but tax resident in Switzerland.[18]

On 10 July 2013 the company announced that Peter Rigby would retire at the end of 2013 to be replaced as CEO by Stephen A Carter.[19] Also in 2013, Informa acquired the Canadian company Hobby Star Marketing, who runs the comic book convention brand Fan Expo. Informa has since acquired other conventions and placed them under Fan Expo's auspices, including Dallas Comic Con and MegaCon.[20][21][22]

In December 2013, Informa acquired the assets of Elsevier Business Intelligence (EBI) from Reed Elsevier. The EBI business unit includes such publications as The Pink Sheet, The Gray Sheet, IN VIVO, Start-Up, and the Strategic Transactions database along with a series of notable conferences. The EBI assets combined with Scrip, Datamonitor and several other publications formed the newly created Pharma Intelligence division of Informa Business Information.[23]

In January 2014, Stephen Carter became CEO of Informa plc.[24] In September 2017, Informa announced that it would be acquiring Dove Medical Press.[25]

In January 2018, Informa announced its intent to acquire UBM plc.[26] The transaction was completed in June 2018.[27]

In 2019, Informa sold the former UBM Life Sciences to MJH Associates.[28] Later in 2019, Informa traded it Agriculture Intelligence unit to IHS Markit in exchange for most of IHS Markit's Technology, Media and Telecoms division.[29] Also in 2019, Informa sold the former Penton design & engineering, manufacturing, energy, buildings, and commercial vehicle divisions, and the former UBM Automotive, to Endeavor Business Media.[30]

Operations

Previous logo

The discontinued domain Informaworld provided subscribers with more than half a million journal articles and 13,000 e-books from all its imprints.[31] In June 2011 the journals and e-books transferred to a new website, Taylor & Francis Online. Abstracting and indexing databases and bibliographic databases were to move from Informaworld to Taylor & Francis Online at a later date.[32]

Brands

The company has the following divisions:

Academic and scientific

Commercial

Entertainment

Professional

  • Insurance Day
  • Council on Education
  • Datamonitor
  • Health Insurance Magazine
  • ICBI
  • IIR Finance
  • iMoneyNet
  • Informa Finance
  • Informa Global Markets
  • Informa Insurance
  • Informa Investment Solutions
  • Informa Law
  • Informa Research Services
  • InformaDATA
  • Inside Self-Storage
  • International Faculty of Finance
  • International Insider
  • MarketLine
  • National Real Estate Investor
  • Pharma Intelligence
  • Supermarket News

Health and Nutrition

  • Esca Bona
  • Natural Products Expo East
  • Natural Products Expo West
  • NBJ Summit
  • SupplySide East
  • SupplySide West
  • Vitafoods Asia
  • Vitafoods Europe
gollark: They're not expensive.
gollark: Just make another?
gollark: It shouldn't though.
gollark: It isn't annoying at all. This is by design.
gollark: Also, it's SPUDNET.

References

  1. "Preliminary Results 2019" (PDF). Informa. Retrieved 10 March 2020.
  2. "At a glance". Informa. Archived from the original on 10 September 2017. Retrieved 3 March 2019.
  3. TheMediaBriefing (10 July 2014). "Informa restructure aims to 'increase operational, customer and market focus'". Retrieved 25 March 2016.
  4. "Informa acquires US events and publishing rival for £1.2bn". FT. Retrieved 19 February 2020.
  5. "Informa sales climb after £4bn UBM takeover". FT. Retrieved 19 February 2020.
  6. "Lloyd's List". Archived from the original on 23 February 2009. Retrieved 23 August 2009.
  7. "ROUNDUP Informa names new chairman, CEO after FY profits soar". Forbes. 14 March 2007. Retrieved 31 December 2007.
  8. "T&F Informa buys conferences group Institute for International Research for 768 mln stg". Forbes. 1 June 2007. Archived from the original on 21 November 2008. Retrieved 31 December 2007.
  9. Kundnani, Hans (19 October 2006). "Springer Science & Business Media launches bid for Informa". The Guardian. London. Retrieved 30 December 2007.
  10. "Informa rejects Springer bid". AFX News Limited. 3 November 2006. Retrieved 30 December 2007.
  11. "Informa unveils new CEO, chairman as 2006 results top forecasts". Forbes. 14 March 2006. Retrieved 30 December 2007.
  12. Harrington, Ben; Kleinman, Mark (8 June 2008). "Media giants United Business Media and Informa open talks on £3bn merger". The Sunday Telegraph. London. Retrieved 8 June 2008.
  13. "Statement Regarding Press Speculation". Informa. 8 June 2008. Retrieved 8 June 2008.
  14. "UBM and Informa confirm merger talks". The Guardian. London. 9 June 2008. Retrieved 18 July 2013.
  15. Andrews, Amanda; Kennedy, Siobhan (13 May 2008). "Informa garners attention of private equity". The Times. London. Retrieved 8 June 2008.
  16. Arnott, Sarah (18 June 2008). "Cash approach for Informa as merger talks end with UBM". The Independent. London. Retrieved 7 July 2008.
  17. Thiel, Simon; Sabine Pirone (2 July 2008). "Informa Rises on $4.29 Billion Private-Equity Offer". Bloomberg. Retrieved 7 July 2008.
  18. Kollewe, Julia (1 May 2009). "Publishing firm Informa blames budget for tax switch". The Guardian. London. Retrieved 4 May 2009.
  19. "Informa announces retirement of Peter Rigby and appointment of Stephen Carter". 10 July 2013. Archived from the original on 16 August 2013. Retrieved 10 July 2013.
  20. "Dallas Comic Con Gets a New Owner and Home". Dallas Observer. Retrieved 24 February 2016.
  21. Dineen, Caitlin (7 April 2015). "Orlando's MegaCon sold to Informa". Orlando Sentinel. Retrieved 9 April 2015.
  22. Mantei, Shelley (9 April 2015). "Informa Exhibitions Expands Pop Culture Convention Portfolio With MegaCon Orlando" (PDF) (Press release). Orlando, Florida: FAN EXPO HQ. Retrieved 9 April 2015.
  23. "Informa Acquires Elsevier Business Intelligence". 9 December 2013. Retrieved 9 December 2013.
  24. "Informa Confirms Stephen Carter To Be CEO, Effective Jan. 1 – Update". RTT News. 31 December 2013. Retrieved 2 July 2014.
  25. "Informa acquires Dove Medical Press, AA appoints Simon Breakwell as permanent chief executive". BOLSAMANIA. Retrieved 12 October 2017.
  26. "Informa to buy exhibitions rival UBM for £4bn". 16 January 2018. Retrieved 1 June 2018.
  27. "Informa's takeover of peer UBM effective after court sanction". Alliance News. 15 June 2018. Retrieved 16 June 2018.
  28. "Informa Sells UBM Life Sciences Media Brands to MJH Associates for $100 Million". Folio. 1 February 2019. Retrieved 29 November 2019.
  29. "IHS Markit swaps group that researches optical communications for Informa's agribusiness unit". Lightwave. 24 May 2019. Retrieved 29 November 2019.
  30. "Endeavor Business Media Acquires More Than 20 B2B Titles from Informa Plc". Folio. 11 November 2019. Retrieved 29 November 2019.
  31. Griffin, Daniel (December 2006). "Single vision of the world at Informa". Information World Review (230): 2.
  32. "Taylor & Francis Online – FAQs" (PDF). Taylor & Francis Group. 2011. Archived from the original (PDF) on 9 May 2013. Retrieved 23 September 2012.
  33. "Penton's Electrical Group Acquired by Informa". Informa Electrical Marketing. 4 November 2016. Retrieved 28 April 2019.
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